Medavinci Share Discussion Threads

[bart1066] 24/1/2011 20:10

It is quite simple - look at the rns trading statement and you will see tangible liquid cash assets of c£500k - worth 0.1p/share

Asset of shares in gold field with option to buy outright - with what?
Fund raising due.....

Then how to dig out and transport the gold....
Fund raising due.....

Would I pay 1.1p for a share worth .1p, and then watch it be diluted for 2 fund raising issues...?

I have already had a multibagger out of this share and the reserves were not great...

At .6p - or significantly lower - which they will go as all the smart money has left (oh.. you seem to be left behind....) they may just be a long term buy but not now - did you not get out at somewhere between 1.4p and the 1.6p spike.....oh dear

[marmar80] 24/1/2011 20:08

let's all wait for 0.6 , but GBP ;)

[camlor2] 24/1/2011 18:40

Bart1066,Would love to know how you get 0.6,bring it on if it ever does, top up time then,cant see it my self but love a deramper who tries,but never say never !!!

[bart1066] 24/1/2011 17:21

FDosh bought MVC at .44p - how would i be desperate?
Last spike went to .8p and back to .4p - as investors/market realised the upside and downside in the future prospects - I will repost when they hit .6p and buy back in.

[ssnichani] 24/1/2011 16:49

REO up another 11% over in Canada after being up 25% on Friday.

[bellonero] 24/1/2011 16:35

whats cooking dave ? ;-)

[dick grasso] 24/1/2011 14:31

It took me 2 days to make the curry at the wknd!

[liquid_bull] 24/1/2011 14:21

The Great Wall of China wasn't built in a day either

[freedosh] 24/1/2011 14:02

Sorry to here that, Bart. You must be desperate, even if it the January sales
freedosh

[bart1066] 24/1/2011 13:49

Going below .6p again

[freedosh] 24/1/2011 12:25

The MMs need to pull the price back when they can to enhance their profits. So long as you are long, it's of no consequence.
Long John Baldry

[patty123] 24/1/2011 11:32

I am a new investor in mvc and have bought 3 lots of 100k

[snozzy2] 24/1/2011 11:06

Jenny...not fun, but shares unfortunately don't go up in straight lines! These levels won't be around for too much longer imo, especially when the expected news on name change, website and sample results start filtering through. Patience as always......lol

[snozzy2] 24/1/2011 11:01

Harley...I think that's exactly what's happening today, so some big delayed buys probably today or next few days. Good topping up time...

[jenny tulwought] 24/1/2011 11:00

If backing and filling means a tumbling share price down circa 8% then yes, a bit of backing and filling today - bu99er it.

[kev921] 24/1/2011 09:46

Hiding the 1.20 trades on PLUS?

24/01/2011 09:34 GBX/PLUS-exn New 82,712 1.20
24/01/2011 09:32 GBX/PLUS-exn New 127,280 1.20
24/01/2011 09:26 GBX/PLUS-exn New 7,931 1.20
24/01/2011 09:25 GBX/PLUS-exn New 40,630 1.20
24/01/2011 08:48 GBX/PLUS-exn New 150,000 1.20
24/01/2011 08:12 GBX/PLUS-exn New 7,301 1.20
24/01/2011 08:08 GBX/PLUS-exn New 100,000 1.20

[freedosh] 24/1/2011 09:24

cash, the picture is reminiscent of CEY when I first got in at 9p (and then again at 25p). As discussed here, already, the geology is rather different and the proven resource in Egypt is now very substantial but then again, CEY never had some of the bonanza grade samples that we have seen here.
It's very early days but when else to get in?
production is far closer here than it was in those dim and distant days at CEY
When we reverse into Orogen and the geologists sign up, we will see a substantial further leg up, IMO
freedosh

[cashandcard] 23/1/2011 15:56

freedosh,


Not sure MVC, after heavy dilution putting the sharecount at 1.353bln & marketcap of over £16mln, is attractive as it was a few months ago. GRL is cheaper than this with a decent measured resource. Also, KIBO look very interesting after their recent deal. Even AME minus the cashpile looks compelling. No doubt the longterm story here is exciting but maybe after the share price has realigned to where its microcap peers are.



Cash

[9darkhorse] 23/1/2011 12:16

I know we are not linked to this news from RLS but it will do us no harm and might make more people aware of MVC linnked with Orogen Gold